- Uniswap surpasses 4 million swappers on Layer 2 options, doubling the earlier all-time excessive.
- Uniswap introduces V4 with vital upgrades, together with a $10 million UNI token airdrop.
Uniswap Labs just lately introduced a shocking achievement: over 4 million swappers used Layer 2 (L2) merchandise within the final month alone, in accordance with Dune Analytics. This astounding determine represents a serious turning level within the decentralized finance (DeFi) scene, because it virtually doubles the prior all-time document.
Over 4M swappers on L2s this month alone
That is virtually double the earlier all-time excessive 👀 pic.twitter.com/9HrSJDichu
— Uniswap Labs 🦄 (@Uniswap) June 27, 2024
Introduction of Uniswap V4
Uniswap unveiled Uniswap V4, its most up-to-date model, in an try and hold bettering the consumer expertise and transaction effectivity in DeFi. An article by CNF reported that the platform has considerably improved with this new version.
An UNI token airdrop valued at $10 million accompanied the launch. The aim of this airdrop was to extend group involvement and reward them, due to this fact strengthening Uniswap’s dedication to its customers.
Uniswap has additionally surpassed a serious historic milestone by buying and selling greater than $2 trillion total. This success emphasizes how essential Uniswap is to the DeFi ecosystem because it makes plenty of transactions potential and provides many buying and selling pairs liquidity.
As such, Uniswap stays a mainstay within the decentralized alternate (DEX) market.
Concentrate on Privateness and Safety Enhancements
Uniswap has launched new privacy-focused enhancements to enhance the safety and secrecy of monetary transactions on its platform. The announcement of those enhancements got here throughout a time when the governance vote on delegation and staking incentives was postponed.
Uniswap is all the time devoted to enhancing platform safety and consumer confidence, and the privateness enhancements search to safeguard customers’ transaction particulars.
In the meantime, the native UNI token of Uniswap is presently valued at about $9.58, in accordance with CoinMarketCap information. Over the past 24 hours, this can be a 3.08% rise. Nonetheless, UNI has been declining for the previous seven days, down 4.57%.